The Death of Cash: A Prediction Fulfilled and the Future of Financial Control

Published on 19 March 2025 at 23:16

In a world that rapidly embraces digital transformation, few developments are as concerning as the slow but steady eradication of cash. While many celebrate the convenience of digital transactions, the larger implications often go unnoticed. A recent article from Forbes Belgium titled "Farewell to Cash: The European Union Announces What Will Happen Soon" confirms what many have feared for years—the transition to a fully digital financial system is no longer a question of "if" but "when."

For those who have been paying attention, this shift is not surprising. In my book, Beating the System: A Practical and Spiritual Guide for a Better World, I predicted the decline of cash and the rise of centralized digital currencies. More importantly, I warned about the dangers that come with it: complete financial surveillance, government-imposed spending restrictions, and the gradual implementation of a social credit system that could dictate access to goods and services.

The Slow Death of Financial Freedom

Cash represents more than just a means of payment—it is one of the last forms of anonymous financial transactions. Unlike digital payments, cash cannot be tracked, controlled, or restricted by third parties. A world without cash means a world where every financial move is monitored, recorded, and potentially influenced by institutions and governments.

The introduction of central bank digital currencies (CBDCs) takes this a step further. Unlike decentralized cryptocurrencies such as Bitcoin, CBDCs are fully controlled by central authorities. This means they could be programmed to restrict purchases, enforce taxation instantly, or even expire if not used within a set time frame. The implications for personal freedom are staggering.

A Prediction That Is Becoming Reality

In Beating the System, I discussed how financial control has always been a tool of power. Those who control the flow of money dictate the behavior of society. The European Union's push for a cashless economy aligns perfectly with the larger agenda of financial institutions, major tech companies, and policymakers who stand to gain from a world where every transaction is traceable.

The push for digital payments is often marketed as a way to fight crime, reduce fraud, and increase efficiency. However, history shows that whenever a new technology is introduced under the guise of "convenience" or "security," it is often a Trojan horse for control.

What Comes Next?

If this trajectory continues, we could soon see:

  • The restriction of "undesirable" purchases, such as organic food, alternative medicine, or independent media subscriptions.

  • The implementation of negative interest rates, where money loses value unless spent in a way that benefits the economy.

  • Social credit-like systems where financial access is tied to compliance with government policies and corporate agendas.

  • A complete dependency on banks and financial institutions, eliminating the ability to trade freely without permission.

How to Fight Back

The good news is that awareness is growing, and alternative solutions exist. Here are a few steps to reclaim financial autonomy:

  • Use cash whenever possible. The more people continue using cash, the harder it becomes to phase it out.

  • Diversify your assets. Consider holding precious metals, decentralized cryptocurrencies, and tangible goods.

  • Support local economies. Small businesses that accept cash and barter systems create resilience against financial centralization.

  • Educate yourself and others. The more people understand the risks of digital-only transactions, the greater the resistance.

Conclusion

The elimination of cash is not just a financial shift—it is a power move. As governments and institutions push toward a cashless society, individuals must ask themselves: Who benefits from this change? If history has taught us anything, it is that the loss of financial privacy is never in the interest of the people.

The transition to a fully digital financial system is accelerating, but we are not powerless. By taking action now, we can push back against the growing financial control and build systems that prioritize freedom, privacy, and economic independence.

The future is not set in stone. The question is: Will we accept this new system without resistance, or will we choose to reclaim control over our financial lives?


References

Forbes Belgium. (2024, March 18). Vaarwel contant geld: De Europese Unie kondigt aan wat er binnenkort gaat gebeuren. Forbes Belgium. https://www.forbes.be/nl/vaarwel-contant-geld-de-europese-unie-kondigt-aan-wat-er-binnenkort-gaat-gebeuren/